MINSK, September 15 (news.by) — Record public debt in the eurozone’s leading economies, unaffordable energy prices and disappointing inflation — even with regulatory mechanisms in place — point to a difficult period ahead for the bloc as a whole. Nikita Maslennikov, an economist and leading expert at the Center for Political Technologies in Russia, said: “The Europeans have extensive experience with all kinds of subsidies to households and citizens in order to bring energy costs down a little. But we all understand that this medal has a reverse side: state spending on that subsidization — on paying utility bills, as we would put it — naturally rises. And then all of that is added to public debt.
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